6 days ago · The aim is to place oversight control in the hands of American software company Oracle and other investors. Under federal law, TikTok must split apart from China, or face a nationwide ban.

6 days ago · U.S. President Donald Trump's administration is chalking out a plan to save TikTok which involves Oracle (ORCL). Read more here.

6 days ago · Under the deal now being negotiated by the White House, TikTok’s China-based owner ByteDance would retain a minority stake in the company, but the app’s algorithm, data collection and software ...

6 days ago · The Trump administration is working on a plan to save TikTok that involves tapping software company Oracle and a group of outside investors to effectively take control of the app's global operations, according to two people with direct knowledge of the talks. Under the deal now being negotiated by the White House, TikTok's China-based owner ByteDance would retain a minority stake in the ...

6 days ago · Under the proposed deal, ByteDance, TikTok's China-based owner, would retain a minority stake in the company, while Oracle would oversee the app's algorithm, data collection, and software updates.

6 days ago · Report: White House in Negotiations for Oracle to Buy TikTok Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would maintain a ...

Jun 27, 2024 · Oracle's overall growth has been lackluster and it is carrying a good amount of debt. If the U.S. government bans TikTok, it could be a major blow to Oracle. It was a big coup for Oracle (ORCL...

Aug 24, 2023 · Under a draft agreement between ByteDance and CFIUS, Oracle would be TikTok’s partner — and a government proctor. But stuck in limbo, the companies’ relationship has soured.

4 days ago · Not only would this option allow ByteDance to maintain a minority stake in TikTok, but it also would leave TikTok's recommendation algorithm under ByteDance's control, CNBC reported.

Oracle is reportedly set to take control of TikTok’s global operations alongside new U.S. investors, while Chinese parent company ByteDance would retain a minority stake, according to NPR. Last year, lawmakers passed a bill requiring ByteDance to either sell TikTok or face a U.S. ban.